YegorF169428 YegorF169428
  • 30-10-2022
  • Mathematics
contestada

the annual property tax on a house valued at $126,500 is 1007.32. what is the property tax per $100? (round 3 decimal places)

Respuesta :

AaliT543058 AaliT543058
  • 30-10-2022

EXPLANATION

Let's consider the facts:

Property value= $126,500

Annual tax= $1007.32

Dividing the annual tax by the property value give us the unit value:

Annual tax/Property Value = 1007.32/126,500 = 0.00796300395

Multiplying this number by 100(the house-value factor) give us the desired number:

0.00796x100= $0.79tax/$100house

Rounding to three decimal places:

Answer= 0.796

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